Debt ceiling charade

posted by
July 7, 2011
Future of Freedom Foundation
by Jacob G. Hornberger  
Posted in Commentary

"The Republicans are going to cave. They will vote to lift the debt ceiling once again, confirming what a fraud the debt-ceiling is. If it’s continually lifted, then it really isn’t a ceiling. Federal spending will continue soaring and increasing loads of debt will be thrown on the backs of the American people. Let us constantly keep in mind that that’s the point of raising the debt ceiling — to enable these people to continue their massive spending, borrowing, and taxing binge." (07/07/11)

http://www.fff.org/blog/jghblog2011-07-07.asp  

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